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Saab AB (OSTO:SAAB B) Cyclically Adjusted FCF per Share : kr0.98 (As of Mar. 2024)


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What is Saab AB Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Saab AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr-4.102. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is kr0.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Saab AB's average Cyclically Adjusted FCF Growth Rate was -3.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Saab AB was 27.10% per year. The lowest was 27.10% per year. And the median was 27.10% per year.

As of today (2024-06-04), Saab AB's current stock price is kr256.50. Saab AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr0.98. Saab AB's Cyclically Adjusted Price-to-FCF of today is 261.73.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Saab AB was 540.39. The lowest was 72.90. And the median was 172.57.


Saab AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Saab AB's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Saab AB Cyclically Adjusted FCF per Share Chart

Saab AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 -0.26 -0.14 0.37 1.30

Saab AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.02 0.90 0.76 1.30 0.98

Competitive Comparison of Saab AB's Cyclically Adjusted FCF per Share

For the Aerospace & Defense subindustry, Saab AB's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Saab AB's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Saab AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Saab AB's Cyclically Adjusted Price-to-FCF falls into.



Saab AB Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Saab AB's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-4.102/132.2054*132.2054
=-4.102

Current CPI (Mar. 2024) = 132.2054.

Saab AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.332 100.432 -3.070
201409 -2.238 100.161 -2.954
201412 1.659 100.225 2.188
201503 -2.037 99.950 -2.694
201506 -2.460 99.995 -3.252
201509 1.046 100.228 1.380
201512 1.201 100.276 1.583
201603 6.525 100.751 8.562
201606 2.155 101.019 2.820
201609 -4.882 101.138 -6.382
201612 1.538 102.022 1.993
201703 1.934 102.022 2.506
201706 -3.111 102.752 -4.003
201709 -0.869 103.279 -1.112
201712 4.192 103.793 5.340
201803 -5.162 103.962 -6.564
201806 -1.820 104.875 -2.294
201809 -5.386 105.679 -6.738
201812 5.154 105.912 6.434
201903 -3.729 105.886 -4.656
201906 -1.708 106.742 -2.115
201909 -3.300 107.214 -4.069
201912 5.748 107.766 7.052
202003 -3.020 106.563 -3.747
202006 3.409 107.498 4.193
202009 -0.698 107.635 -0.857
202012 5.742 108.296 7.010
202103 -0.282 108.360 -0.344
202106 5.869 108.928 7.123
202109 -2.431 110.338 -2.913
202112 2.827 112.486 3.323
202203 -0.460 114.825 -0.530
202206 0.719 118.384 0.803
202209 1.124 122.296 1.215
202212 2.987 126.365 3.125
202303 5.563 127.042 5.789
202306 -2.796 129.407 -2.856
202309 -4.038 130.224 -4.099
202312 6.718 131.912 6.733
202403 -4.102 132.205 -4.102

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Saab AB  (OSTO:SAAB B) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Saab AB's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=256.50/0.98
=261.73

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Saab AB was 540.39. The lowest was 72.90. And the median was 172.57.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Saab AB Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Saab AB's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Saab AB (OSTO:SAAB B) Business Description

Industry
Traded in Other Exchanges
Address
Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22
Saab AB supplies products and services for military, defense, and civil security. The company operates within six segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. Aeronautics involves the manufacturing of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. The Surveillance segment supplies security services. Support and Services offers solutions related to civil and military missions. IPS creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three quarters of its sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.

Saab AB (OSTO:SAAB B) Headlines

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